Reuters Market Eye – The BSE Sensex gains 0.9 percent while the Nifty is up 0.86 percent. Traders say gains track optimism after Wall Street rallied on Monday as U.S. lawmakers closed in on a deal to avoid a budget crisis that many fear could cripple the world economy in 2013. Later, the U.S. Senate approved the bill. Private banks such as ICICI Bank gains 1.4 percent, while HDFC Bank is up 0.5 percent on hopes of rate cut by RBI by January end. SBI is up nearly 2 percent. (Reporting by Abhishek Vishnoi)
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